Lehnert v. Notlim Realty Corporation

The plaintiff subordinated her mortgage to the lien on a building loan agreement and mortgage executed by the Notlim Realty Corporation to the T. & U. Mortgage Co., Inc. The clause of her mortgage reads; “ This mortgage is and shall, at all times continue to be subject and subordinate in lien to a building loan agreement and mortgage about to be made by the mortgagor herein or its assigns in the sum of thirty thousand dollars and is and shall continue to be subordinate in lien to any and all advances made and to be made up to the said total principal sum of thirty thousand dollars and…